Common use of Uniform Commercial Code Remedies Clause in Contracts

Uniform Commercial Code Remedies. If an Event of Default shall have occurred, the Mortgagee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor shall, promptly upon request by the Mortgagee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee at such place or places designated by the Mortgagee and reasonably convenient to the Mortgagee or the Mortgagor. If the Mortgagee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the Mortgagee, at its option, may give the Mortgagor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee of any portion of the Collateral or any interest therein is required by law, the Mortgagor conclusively agrees that ten (10) days notice to the Mortgagor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurredoccurred and be continuing, the Mortgagee may may, without further order of or application to the Bankruptcy Court, but subject to any applicable requirements of the Financing Order, the Credit Agreement and the Revolver Intercreditor Agreement, exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor shall, promptly upon request by the Mortgagee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee at such place or places designated by the Mortgagee and reasonably convenient to the Mortgagee or the Mortgagor. If the Mortgagee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the Mortgagee, at its option, may give the Mortgagor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee of any portion of the Collateral or any interest therein is required by law, the Mortgagor conclusively agrees that ten (10) days notice to the Mortgagor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurredoccurred and be continuing, the Mortgagee Beneficiary may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor Trustor shall, promptly upon request by the MortgageeTrustee or the Beneficiary, assemble the CollateralTrust Premises, or any portion thereof generally described in such request, and make it available to the Mortgagee Trustee or the Beneficiary, at such place or places designated by the Mortgagee Trustee or the Beneficiary, and reasonably convenient to the Mortgagee Trustee or the MortgagorBeneficiary. If the Mortgagee Beneficiary elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the CollateralTrust Premises, the MortgageeTrustee or the Beneficiary, at its their respective option, may give the Mortgagor Trustor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor Trustor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee Beneficiary of any portion of the Collateral Trust Premises or any interest therein is required by law, the Mortgagor Trustor conclusively agrees that ten (10) days notice to the Mortgagor Trustor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default -------------------------------- shall have occurred, the Mortgagee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor shall, promptly upon request by the Mortgagee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee at such place or places designated by the Mortgagee and reasonably convenient to the Mortgagee or the Mortgagor. If the Mortgagee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the Mortgagee, at its option, may give the Mortgagor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee of any portion of the Collateral or any interest therein is required by law, the Mortgagor conclusively agrees that ten (10) days notice to the Mortgagor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurredoccurred and be continuing, the Mortgagee Grantee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtednessthe Obligations, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor Grantor shall, promptly upon request by the MortgageeGrantee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee Grantee at such place or places designated by the Mortgagee Grantee and reasonably convenient to the Mortgagee Grantee or the MortgagorGrantor. If the Mortgagee Grantee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the MortgageeGrantee, at its option, may give the Mortgagor Grantor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor Grantor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee Grantee of any portion of the Collateral or any interest therein is required by law, the Mortgagor Grantor conclusively agrees that ten (10) days notice to the Mortgagor Grantor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurredoccurred and be continuing and upon ten (10) days written notice to Mortgagor (unless the giving of such notice is precluded by law), the Mortgagee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor shall, promptly upon request by the Mortgagee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee at such place or places designated by the Mortgagee and reasonably convenient to the Mortgagee or the Mortgagor. If the Mortgagee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the Mortgagee, at its option, may give the Mortgagor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee of any portion of the Collateral or any interest therein is required by law, the Mortgagor conclusively agrees that ten (10) days notice to the Mortgagor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurred, the Mortgagee Beneficiary may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor Trustor shall, promptly upon request by the MortgageeTrustee or the Beneficiary, assemble the CollateralTrust Premises, or any portion thereof generally described in such request, and make it available to the Mortgagee Trustee or the Beneficiary, at such place or places designated by the Mortgagee Trustee or the Beneficiary, and reasonably convenient to the Mortgagee Trustee or the MortgagorBeneficiary. If the Mortgagee Beneficiary elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the CollateralTrust Premises, the MortgageeTrustee or the Beneficiary, at its their respective option, may give the Mortgagor Trustor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor Trustor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee Beneficiary of any portion of the Collateral Trust Premises or any interest therein is required by law, the Mortgagor Trustor conclusively agrees that ten (10) days notice to the Mortgagor Trustor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurredoccurred and be continuing, the Mortgagee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor shall, promptly upon request by the Mortgagee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee at such place or places designated by the Mortgagee and reasonably convenient to the Mortgagee or the Mortgagor. If the Mortgagee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the Mortgagee, at its option, may give the Mortgagor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee of any portion of the Collateral or any interest therein is required by law, the Mortgagor conclusively agrees that ten (10) days notice to the Mortgagor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall have occurredoccurred and be continuing, the Mortgagee Grantee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor Grantor shall, promptly upon request by the MortgageeGrantee, assemble the Collateral, or any portion thereof generally described in such request, and make it available to the Mortgagee Grantee at such place or places designated by the Mortgagee Grantee and reasonably convenient to the Mortgagee Grantee or the MortgagorGrantor. If the Mortgagee Grantee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the MortgageeGrantee, at its option, may give the Mortgagor Grantor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor Grantor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee Grantee of any portion of the Collateral or any interest therein is required by law, the Mortgagor Grantor conclusively agrees that ten (10) days notice to the Mortgagor Grantor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.

Uniform Commercial Code Remedies. If an Event of Default shall -------------------------------- have occurredoccurred and be continuing, the Mortgagee may exercise from time to time and at any time any rights and remedies available to it under applicable law upon default in the payment of indebtedness, including, without limitation, any right or remedy available to it as a secured party under the Uniform Commercial Code of the State. The Mortgagor shall, promptly upon request by the Mortgagee, assemble the Collateral, or any portion thereof generally described in such request, and make it them available to the Mortgagee at such place or places designated by the Mortgagee and reasonably convenient to the Mortgagee or and the Mortgagor. If the Mortgagee elects to proceed under the Uniform Commercial Code of the State to dispose of portions of the Collateral, the Mortgagee, at its option, may give the Mortgagor notice of the time and place of any public sale of any such property, or of the date after which any private sale or other disposition thereof is to be made, by sending notice by registered or certified first class mail, postage prepaid, to the Mortgagor at least ten (10) days before the time of the sale or other disposition. If any notice of any proposed sale, assignment or transfer by the Mortgagee of any portion of the Collateral or any interest therein is required by law, the Mortgagor conclusively agrees that ten (10) days days' notice to the Mortgagor of the date, time and place (and, in the case of a private sale, the terms) thereof is reasonable.